- Do consider the “lifestyle” of the lot before buying. Will the land require a certain amount of upkeep for the yard? Does it have irrigation to the lot? Does the size of the lot fit your lifestyle? If it is too small homes will be too close…. If too large neighbors might be too far.
- Do consider the proximity of the lot. Is the country where you want to be or is the closeness of town a necessity?
- Do consider the type of home you would like to build prior to buying the lot. A home with a walk-out basement requires different terrain that a ranch style home.
- Do think about your “lifestyle” for amenities to the lot. If your work requires fast speed internet you need to make sure those amenities are to the lot. A gas fireplace or stove needs natural gas to the lot!
- Do review covenants to see if your current lifestyle can fit the subdivision community. If you have large farm animals as pets make sure your covenants will enable you to keep them on the grounds. The same can be said for motor homes and large toys.
- Do drive to the property at different times of the day. It is interesting to see the property at night vs the day. Many times unsightly lights or other distractions to the property will show up at different times. See the property as you would if you lived there.
- Do understand your water rights. They may be unconventional or through the Home Owners Association. The amount of water as well as the times in which you can water is important.
- Do understand that there is no security as to what someone is building next to you unless the property is protected by covenants or subdivision rules. You can’t dictate to the farmer what can go in his field if he does not have to abide by your covenants. This also goes for protecting your views of mountains or lakes.
- Do know your timeframe to build prior to buying the lot. Many subdivisions have strict time frames in which you must build after purchasing a lot. Know if you are in that kind of situation or if you can just enjoy or speculate on the lot without time restraints to build.